Launched in January in Pune, a trendy city 180 km from Bombay, the Emerging Presidents' Group includes Rathi and two dozen other top executives aged 21 to 35.

CNN: Recasting the Mind

No less than 21% were run by chief executives who generally made decisions entirely on their own.

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It was a time of singing-sock-puppets, 21-year-old chief executives, gravity-defiant stock prices, revolutionary technologies and half-baked business plans.

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